Most people in Ohio have likely heard references to Ponzi schemes but they may not fully understand what they are or why they are even called Ponzi schemes. These events are forms of fraud and classified as white collar crimes. The Federal Bureau of Investigation explains that the name dates back nearly a century when a man named Charles Ponzi was accused of illegally scheming to take money from supposed investors.
In Ohio, money laundering crimes are taken seriously. If you are accused of being involved in any sort of laundering scheme, you could face harsh penalties. Michael C. Hennenberg is here to help, first by building the basics and explaining exactly what actions are categorized as money laundering.
Ohio professionals who are subpoenaed to testify before a grand jury may find the upcoming testimony frightening and something to avoid if possible. Naturally, if you are in this position, you want all the legal protection possible so that you do not land yourself in hot water by testifying. According to the American Bar Association, there are ways a person can minimize legal risks if called upon to testify before a grand jury.
Many years ago, the biggest news was Martha Stewart's imprisonment for insider trading. It was a huge news story because she was a major celebrity and well-respected individual. At that time, many people were confused because they did not know what insider trading was. Sine it has been a while since this topic has been in the forefront of the news, you, too, may be wondering what it is. Because it is such a serious topic, everyone in Ohio should have some idea what it is and how they could be found guilty of it.